Case Studies

David is a financial adviser operating a boutique practice. With over 25 years of experience, he enjoys a loyal client base of around 65 individuals, most of whom have been with him for over two decades.

David is as loyal to his clients as they are to him. With retirement on the horizon, he wants to ensure his clients are properly looked after once the door closes on his financial advice career.

After an extended relationship with a previous licence provider that was closing down, David needed a licence partner with additional financial solutions and a customer service focus, without the sterile corporate overlay.

Ultimately, David wants to transition the business on his terms with a safe partner who will provide operational and administrative support for his clients and have built-in succession planning. He spent around six months researching options.

David decided that Akambo best fit his needs.

David has built a financial advice practice that is ideal for his lifestyle and personality. Service and relationship are important factors. These were powerful considerations when seeking a licensing partner to support his practice without pushing an agenda for growth and while maintaining a quality service model without increasing the administrative burden.

A signature of Akambo’s solution lies in its autonomy. The licensing and investment solution is designed to strengthen financial advice businesses, not reinvent them.

David’s situation is common; many Akambo clients have healthy businesses and aren’t looking to scale but to mitigate administrative and compliance burdens without the overhead.

The licensing solution, including paraplanning, onboarding, application processing, and administrative scaffolding, ensures that businesses like David’s can operate with certainty.

Akambo offered David a turnkey solution tailored to his needs, enabling him to continue focusing on his client relationships.

“From the outset, Akambo’s onboarding experience was welcoming, transparent, and efficient,” says David.

Akambo facilitated direct and personal contact, including an in-person visit to the Melbourne office.

“Any queries are promptly addressed, and all interactions are consistently high quality.”

The backend support provided by Akambo meant David no longer required staff.

“A good printer and scanner now suffice for day-to-day operations. Not having to manage staff is a wonderful headache not to have.”

Akambo has been transformational for operational simplicity and future security.

The partnership allows David to maintain strong client relationships, knowing the administrative and compliance burdens are being expertly managed behind the scenes.

He also sees Akambo as a key enabler in his succession plan, confident that his clients will be administered appropriately when he retires.

“Akambo is very professional and can’t do enough to help. The model we applied perfectly fits what I need now and will align well with my expectations when I exit the business.”